The Heights

The Heights

Case Study

Background

Mainstay were instructed by Allsop who were acting as LPA Receivers of a tenanted block of flats in West Bromwich known as The Heights

Scheme Overview

The Heights comprised 55 units let on either statutory tenancies and or ASTs and the brief to Mainstay was to deal with all day to day management issues so that the Receivers could sell the investment at the best price possible.

Our Approach

Our Approach

Our management role included;

  • Bringing the scheme into full compliance
    All aspects of tenant and block management;
  • Managing a programme of Statutory Compliance both
    for each individual flat and the communal areas;
  • Maintaining the income
  • All tenant interfaces and increasing customer service
    and rental income levels

When Allsop sold the investment, the property was fully compliant and delivered a sustainable annual rental to the new owners.

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